Indian drone startup Raphe mPhibr raises $100M as military UAV demand soars
Indian drone startup Raphe mPhibr has raised $100 million in an all-equity Series B round led by General Catalyst, as the startup aims to boost its R&D and local production capabilities amid growing demand for drones in battlefields and for border surveillance. Drones are becoming increasingly ubiquitous in global military operations. In recent and ongoing…